Alberta Mortgage Rates

Keep more of your money — with our lower Alberta mortgage rates.

Your best mortgage rate can save you thousands. What are you waiting for?

Apply now to get your best rate — or give us a call, drop into one of our stores, or start a chat with Morgan our chatbot.

It's free and no obligation to see what we can do for you. Our rates are lower on average compared to the competition.

Whether you're looking for a home or vacation or investment property, our highly trained True North Mortgage brokers can get your best rate possible. Plus, we can explain the ins and outs of how lenders see your application and what you can do to get an even better rate.

And, if you have more complex mortgage needs that a traditional bank can't help you with — we have the flexibility to help find a short-term mortgage solution to see you through.

A few minutes with us could save you thousands.

We'll help you get the lowest rate possible for your situation. Our friendly mortgage brokers are knowledgeable, non-commissioned and able to pass along a volume discount to get your rate even lower, sometimes with your own bank. Our volume-based approach allows us to access a wide selection of lenders and products on your behalf — to help you save the most and reach your mortgage goals sooner.

Contact us today for your best mortgage savings.

The sooner you contact us, the sooner we can hold your rate.

Alberta mortgage interest rates are always changing — but we can hold your rates for up to 4 months (depending on the lender). Plus, we can offer you flexible mortgage solutions that fit your needs, all while providing stress-free service.

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Alberta's most trusted Mortgage Brokers

True North Mortgage proudly started in Alberta, and we now have several locations in Calgary and Edmonton (and across Canada). At True North Mortgage, our highly trained brokers are obsessed with saving you money, and ensuring your mortgage is handled well and done on time.

With the best tech and tools, we help you in the way that's most convenient for you. Visit one of our locations, give us a call, or apply online today. We even have mobile brokers who can come to you.

Alberta is Wild Rose Country, with a slightly wilting housing market.

Alberta's housing market continued to slow in April 2025, with home sales dipping by 9.9% compared to the same time last year. It should be noted, however, that Alberta has been the country's housing hotspot for well over a year, thanks in part to its higher-value markets compared to more expensive markets in BC and ON.

Calgary, Edmonton and Central Alberta saw the largest sales dip, down about 16%, 11.5% and 10.3%, respectively. Fort McMurray, Lethbridge, and Grand Prairie saw fresh activity that bucked the provincial trend, with sales gains ranging from 17% to 2.2%. Medicine Hat’s sales were flat from March to April 2025.

Despite the decrease in demand, average home prices in Alberta increased by 5.7% since last April to $509,791. The average boost in home prices ranged from 21.6% in Medicine Hat to 6.4% in Calgary.

Housing inventory also increased compared to last year, ranging from +22.3% to +2.3% across the province. Fort McMurray and Medicine Hat listings were exceptions, down by 2.6% and 0.7%. Calgary's market remained balanced, while Fort McMurray shifted to a seller’s market. The increase in listings, combined with the decrease in demand, brings a significant 15% dip in AB's SNLR (sales-to-new-listing ratio) to 62% year-over-year, keeping it in seller's market territory, but a sign of waning response to a slowing economy and rising AB unemployment rate.

The ongoing trade war is negatively impacting Alberta's housing market, as buyers stick to the sidelines due to financial concerns amid the economic uncertainty. Will Alberta's market show renewed blooming this Summer 2025?

Data Source: Sagen Housing Market Updates